Media OutReach
CGTN: From GDP growth to tech, foreign investment boost, China brings confidence to the world in 2025
CGTN published an article outlining key takeaways of the Chinese government work report, which was submitted to the country’s national legislature for deliberation on March 5. The story expressed China’s full confidence in its economic development prospects for 2025 and highlighted China’s contribution to global development.
BEIJING, CHINA – Media OutReach Newswre – 5 March 2025 – The world has once again turned its eyes to Beijing as China Wednesday announced its economic growth target rate of around 5 percent in 2025 at the opening meeting of third session of the 14th National People’s Congress (NPC), China’s national legislature.
On a global scale, an around 5 percent growth rate would place China among the world’s fastest-growing major economies, with the economic increment equating to the annual output of a medium-sized country.
Justin Lin Yifu, dean of the Institute of New Structural Economics at Peking University, pointed out that China’s stable and dynamic economic growth in 2025 is a certainty regardless global uncertainty.
Lin, the former senior vice president and chief economist of the World Bank, is confident that China’s gross domestic product (GDP) is on track to grow at a rate of at least 5 percent, sustaining its position as a key driver of global growth by contributing over 30 percent to global expansion.
“That is good news – not just for China but also for the world at large,” he added.
The government work report, submitted to the national legislature for deliberation on Wednesday, expressed China’s willingness to work with other members of the international community to promote an equal and orderly multipolar world and universally beneficial and inclusive economic globalization.
“We will remain firm in pursuing a mutually beneficial strategy of opening up, oppose hegemonism and power politics, oppose unilateralism and protectionism in all forms, and uphold international fairness and justice,” the report affirmed.
Deficit-to-GDP ratio at 4 percent
The report outlined China adopting a more proactive fiscal policy and applying an appropriately accommodative monetary policy. Thus, China’s deficit-to-GDP ratio for this year is set at around 4 percent, an increase of one percentage point over last year.
Tian Yun, a Beijing-based economist, noticed it marks the first time on record that China has set the deficit-to-GDP ratio at 4 percent.
It sent out multiple signals on Chinese policymakers’ stepped-up efforts to navigate challenges and boost high-quality economic development, Tian said. It also indicates that fiscal spending will play a significantly stronger role in supporting economic growth and that the efficiency in using fiscal spending should be higher this year, he added.
Boosting social vitality
Calling for stimulating the vitality of the whole society, the report vowed that China will firmly implement the strategy of expanding domestic demand, strengthen the domestic economy, drive its expansion and broaden international cooperation through further opening up.
To fulfill the target, China will issue a total of 1.3 trillion yuan (about $182 billion) of ultra-long special treasury bonds in 2025, up 300 billion yuan from last year, and earmark 735 billion yuan in central government budget for investment in 2025.
The report highlighted China’s commitments to expanding higher-standard opening up, stabilizing foreign trade and investment and fostering a first-rate business environment.
Since last year, China has fully applied the negative list for cross-border trade in services, launched opening-up trials for valued-added telecom services, biotechnology and wholly foreign-owned hospitals and has given all the least developed countries with which it has diplomatic relations zero-tariff treatment for 100 percent tariff lines.
Innovation-driven development
The report on Wednesday said the country will insist on innovation-driven development, pledging to advance tech self-reliance, accelerate major science projects and build an environment for innovation.
Enterprises like Xiaomi deeply understood the importance of innovation and high-end development. When speaking at the Deputies’ Corridor before the opening of NPC session, Lei Jun, founder and CEO of Xiaomi as well as an NPC deputy, stated that Xiaomi’s major achievements are underpinned by its innovation strategy.
Noting that Xiaomi maintained its position among the top three global smartphone manufacturers for 18 consecutive quarters, Lei said it also reflects the growing global recognition of Chinese technology products and brands.
China will reform research institutes, strengthen collaboration between industry and academia, give enterprises a bigger role in innovation and create a top-tier talent pool to support young scientists, the report said.
https://news.cgtn.com/news/2025-03-05/How-does-China-bring-confidence-to-the-world-in-2025-1BuwEnFFUwU/p.html
Hashtag: #CGTN
The issuer is solely responsible for the content of this announcement.
Media OutReach
From PolyU Research to Geneva Global Debut: GOOD Vision oka³y! ™ Redefines Precision in Freeform Orthokeratology
Beyond Traditional Toric Lenses: The Future of Freeform Orthokeratology
With myopia expected to affect 50% of the world’s population by 2050, demand for effective management is high. While Ortho-K is a highly effective strategy, traditional symmetric and spherical/ toric designs often underestimate corneal shape complexity, causing lens decentration and poor visual outcomes.
The oka³y!™ freeform technology, incorporating the company’s proprietary FAST-360 and CORe Technology, surpasses traditional lens design. AI-based FAST-360 reconstructs missing corneal data for faster scans, while CORe ensures precise alignment with the visual axis, leading to 3.1 times greater stability.
Precision Myopia Correction and Control for High Astigmatism and Asymmetric Corneas
For optometrists and clinic owners, oka³y!™’s key benefit is improving workflow by automating complex mathematics, cutting chair time by 64%. This boosts myopia management capacity without extra staff or lengthy training. “As a registered optometrist in Hong Kong and a researcher in one of the world’s leading optometric institutes, I witnessed a growing gap between the number of patients seeking Ortho-K and the limited range of conventional products available to treat them,” says Dr. Kin Ho Chan, Ken, the lead inventor of oka³y!™. “By focusing on the ‘3A’: AI-guided, Astigmatism, and Asymmetry, and working alongside The Hong Kong Polytechnic University (Poly U), we have developed a design that not only delivers superior vision but also enhances safety by reducing corneal staining. We are turning a frustrating, manual trial-and-error process into a predictable one-click adjustment.”
From Niche Specialty to Global Enterprise: Scaling the Future of Eye Care
As myopia rates reach epidemic levels, GOOD Vision partners with PolyU, harnessing its research strengths and support from its startup ecosystem PolyVentures, to redefine primary eye care by transforming a niche specialty into a scalable global enterprise. By replacing manual OK lens design with oka³y!™, the company has created a technology bridging clinical complexity and scalability. This transition enables practitioners to manage myopia, high astigmatism, and asymmetrical cases precisely, removing barriers to modern refractive error management.
“By embedding and automating the complex mathematics of lens design, we provide clinicians with the tools to treat ‘difficult’ patients who were previously considered unsuitable for Ortho-K,” added Professor Chea-su Kee, Founder of GOOD Vision. “This is about elevating the global standard of care and ensuring that precision myopia management is accessible to the next generation on a global scale.”
Experience the Future of Myopia Control
GOOD Vision invites investors, distributors, and practitioners to a live demonstration of the oka³y!™ at the International Exhibition of Inventions Geneva:
- Location: PolyU Delegation Booth, Hall 2, Palexpo, CP 112, Route François-Peyrot 30, 1218 Le Grand-Saconnex, Geneva, Switzerland
- Dates: 11–15 March 2026
Hashtag: #GOODVision
The issuer is solely responsible for the content of this announcement.
About GOOD Vision Technologies Co., Limited
GOOD Vision, a Hong Kong-based startup nurtured by PolyU, is dedicated to advancing the field of corneal reshaping technologies. With a focus on innovation, efficiency, and affordability, the company develops innovative solutions to empower eye practitioners and enhance the quality of eye care worldwide.
For additional details about GOOD Vision and their innovative offerings, please visit https://www.linkedin.com/company/goodvisiontech
Central Landmark Set for Revitalization with International Expertise
HONG KONG SAR – Media OutReach Newswire – 9 March 2026 – In a vote of confidence in Hong Kong’s vibrant and enduring business environment, Nexxus Building, a landmark Grade‑A commercial property in Central’s prestigious CBD, has been acquired by a leading figure in the technology sector. Trivium Asset Management (“Trivium”), an Asian real estate investment and asset management firm, has been appointed as Nexxus Building’s Asset Manager (“AMC” or Asset Management Company), taking charge of the asset’s comprehensive management and operations.
Under new ownership, Nexxus Building is set to undergo a forward‑looking transformation integrating next‑generation technologies with world‑class professional management. The revitalization aims to redefine the building’s market positioning, enhance its tenant experience, and reinforce its status as an iconic and premier Grade‑A property in the heart of Hong Kong’s CBD.
Leveraging Trivium’s extensive expertise, the enhancement programme will incorporate smart‑building management systems and sustainability‑driven upgrades designed to meet the evolving needs of global tenants. The reimagined Nexxus Building aims to attract financial institutions, fintech platforms, and technology enterprises, reaffirming Central’s position as Asia’s dynamic financial and innovation hub.
Mr. Wilfred Ma, Managing Partner of Trivium Asset Management, said, “Trivium is honored to be entrusted with the role of Asset Manager (“AMC” or Asset Management Company) for Nexxus Building, one of Hong Kong’s most iconic commercial landmarks. Drawing on our track record in real estate investment and operations across Hong Kong and Japan, we are committed to implementing forward‑thinking strategies that enhance tenant value, optimize building performance, and unlock Nexxus Building’s full potential as a commercial anchor in the city’s core.”
Originally built in 1962 as the former headquarters of Hang Seng Bank, Nexxus Building has been a witness to Hong Kong’s rise as a global financial centre. Following a major renovation in 2008 and the addition of a direct footbridge to IFC and the Airport Express in 2020, the building continues to host multinational corporations, leading financial institutions and professional services firms, and premium retail tenants – including the iconic Hong Kong Bankers Club – reinforcing its status as one of Central’s most distinguished Grade‑A office towers.
Hashtag: #TriviumAssetManagement
The issuer is solely responsible for the content of this announcement.
About Trivium Asset Management
Founded in 2022, Trivium Asset Management is a Hong Kong‑based real estate investment and asset management firm overseeing assets valued at over US$900 million across Asia. Trivium serves institutional investors, financial institutions, and family offices through integrated investment and asset management, value‑creation strategies, and technology integration. The firm’s mission is to maximize long‑term value and promote sustainable growth for clients and communities alike.
Media OutReach
HOFA Announces the Second Edition of the Digital Art Awards, in Collaboration with Exhibition Partner PhillipsX in Hong Kong, proudly backed by Lightyear
The awards ceremony will take place on 24 March 2026, featuring the four key categories of Still Image, Moving Image, Innovation and Experiential and followed by a private sale exhibition hosted by Phillips in Hong Kong, from 25–28 March 2026.
As a highlight of Hong Kong’s spring art calendar, the awards celebrate the growing cultural significance of digital art and spotlights the visionary artists redefining visual culture through cutting-edge technologies.
Thirty two international finalists will be selected for their work pushing the boundaries of digital creativity. Each of the four category winners will receive a $10,000 USDC commission towards a new artwork.
The thirty two finalists include several prominent figures in digital and generative art, such as Erick Calderon (Snowfro) Founder of Art Blocks, Botto, Sarah Meyohas, William Mapan, Sasha Stiles and Mario Klingemann – underscoring the calibre of talent the awards are already attracting with over two hundred applications across more than fifty countries.
Refik Anadol is nominated for the Honorary Career Award for Sense of Healing, an AI Data Sculpture that emerges from Refik Anadol Studio’s long-term research into creating meditative art based on neurological data.
Finalists and winners will be selected by a panel of leading experts in art, hospitality and technology, including Irini Mirena Papadimitriou, Exhibitions Director at Diriyah Art Futures, Thomas Heyne, Co-Founder and CEO at Scorpios, Dorothy di Stefano, Art Curator and Creative Strategist at Molten Immersive Art, Danielle So, Hong Kong Head of Auction, Modern & Contemporary Art, Phillips, Sebastien Borget, Co-Founder & Global of The Sandbox, SANDchain, President of Blockchain Game Alliance and Co-Founder of Artverse, Jean-Michel Pailhon, Co-Founder and Chief Investment Officer at Grailcapital, Simonida Pavicevic, Co-Founder and Curator at HOFA, Justin Gilanyi, Founder of WhereArt.Works and Curator at SILK, and Matt Zhang, Founder and Managing Partner at Hivemind Capital.
The Digital Art Awards are proudly backed by Lightyear, a subsidiary of Hivemind Digital Group. A full-stack digital culture partner, Lightyear provides infrastructure, liquidity and market expertise, and hands-on delivery for digital ownership and engagement across physical and digital experiences. Lightyear is committed to championing artists and organizations pushing the boundaries of digital culture.
Hashtag: #HOFA #PhillipsX
The issuer is solely responsible for the content of this announcement.
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